Volatility in the financial markets propelled its trading business, boosting its bottom line.

金融市場的波動推動了其交易業務的發展，提升了其盈利能力。

The US elections and the release of coronavirus vaccines fuel those trading volumes, Like its rival, Goldman Sachs, Morgan Stanley also benefitted from heightened activity in mergers and acquisitions transactions and underwriting I pose That lifted its investment banking revenue 46%.

美國大選和冠狀病毒疫苗的發佈助長了這些交易量，和它的競爭對手高盛一樣，摩根士丹利也受益於併購交易和承銷活動的增加，我認為這提升了其投資銀行業務收入46%。

Goldman's profit also dwarfed Wall Street estimates, but its executives warned that capital markets activity will probably slow down.

高盛的利潤也令華爾街的預期相形見絀，但其高管警告稱，資本市場活動可能會放緩。

Morgan Stanley CEO James Gorman has been taking steps to reduce the banks reliance on trading Under his leadership, the company bought Eaton, Vance and E Trade to bolster its investment management and broking businesses.

摩根士丹利首席執行官詹姆斯-戈爾曼（James Gorman）一直在採取措施減少銀行對交易的依賴，在他的上司下，公司收購了伊頓（Eaton）、萬斯（Vance）和E貿易公司，以加強其投資管理和經紀業務。

The company confirmed plans to buy back $10 billion of its shares this year.

該公司確認了今年回購100億股的計劃。

It shares, which have already jumped more than 9% this year, gained further ground in early trading Wednesday.

它的股價今年已經大漲超過9%，週三早盤進一步上漲。